{"id":162,"date":"2018-02-10T13:56:22","date_gmt":"2018-02-10T18:56:22","guid":{"rendered":"http:\/\/aky.pbv.mybluehost.me\/?p=162"},"modified":"2018-02-10T23:13:00","modified_gmt":"2018-02-11T04:13:00","slug":"bono","status":"publish","type":"post","link":"https:\/\/aky.pbv.mybluehost.me\/bono\/","title":{"rendered":"Bono, Also Known as the Investor Paul David Hewson"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>Paul David Hewson has been a very successful investor. Most people are unaware of this because he is better known as the frontman for the band U2 by his stage name, Bono. <\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>You might also enjoy:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"\"><a href=\"http:\/\/aky.pbv.mybluehost.me\/fundamental-analysis\/\" target=\"_blank\" rel=\"noreferrer noopener\">Fundamental Analysis &#8211; A Complete Guide<\/a><\/li>\n\n\n\n<li class=\"\"><a href=\"http:\/\/aky.pbv.mybluehost.me\/candlestick-patterns\/\" target=\"_blank\" rel=\"noreferrer noopener\">Candlestick Patterns \u2013 Complete Guide<\/a><\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><span style=\"font-weight: 400;\">Bono had a hand in creating many hit songs and made a lot of money as part of U2. What he has done with that money is also impressive. He is one of six co-founders of the private equity firm Elevation Partners. Founded in 2004, this firm has assets of nearly two billion dollars. <\/span><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><span style=\"font-weight: 400;\"><a href=\"https:\/\/elevation.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">Elevation Partners<\/a> ha<\/span>s invested in many big-<span style=\"font-weight: 400;\">name companies. They invested $300 million to create a partnership between video game developers Bioware and Pandemic. They would later go on to buy them both for $860 million. <\/span><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><span style=\"font-weight: 400;\">Bono&#8217;s firm also has a 40% share of Forbes, which they bought for approximately $300 million. <\/span><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Elevation also considered investing in the Wikimedia Foundation, a US-based non-profit famous for hosting Wikipedia. The company&#8217;s other co-founder, Roger McNamee, personally donated $300,000 to the foundation and helped them network with several other people who donated a combined $500,000.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><span style=\"font-weight: 400;\">Even more astounding than the above, they own a significant fraction of Facebook (reports range from 1.5% to 2.3%). This share is worth billions, meaning Bono is typically making more money from Elevation Partners than from U2. Through prudent management by a small team, Elevation Partners has recently earned 11% per annum on its investments. <\/span><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><span style=\"font-weight: 400;\">As a philanthropist, Bono often shares this wealth with those who need it. One of his best-known causes is a charity he founded called DATA (Debt, AIDS, Trade, Africa), which helps African nations solve some of their pressing issues. <\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Paul David Hewson has been a very successful investor. Most people are unaware of this because he is better known as the frontman for the band U2 by his stage name, Bono. You might also enjoy: Bono had a hand in creating many hit songs and made a lot of money as part of U2. [&hellip;]<\/p>\n","protected":false},"author":36,"featured_media":52752,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","footnotes":""},"categories":[9],"tags":[34,38],"class_list":["post-162","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-people","tag-celebrities","tag-investing"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.6.1 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Bono, Also Known as the Investor Paul David Hewson - Earn2Trade Blog<\/title>\n<meta name=\"description\" content=\"Do you know the investor Paul David Hewson (Bono)? 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